Offshore staff

(Mumbai) -- Four new platform supply vessels are on order by Garware Offshore Services Ltd. in a deal valued at $93 million.

Ordered from a Norway-based shipyard, the first vessel is scheduled for delivery in October and has a three-year contract with Transocean for Indian waters, says Aditya Garware, vice chairman and managing director of Garware Offshore.

The second PSV is scheduled to join the fleet in April 2007. The third and fourth PSVs are expected in March and December 2008.

7/14/06